Online art education platform Meishubao has followed $40m in series C1 funding last year with a series C-plus round also led by Tencent.

Internet group Tencent has led a $40m series C-plus round for China-based online art education provider Meishubao, China Money Network reported yesterday.

Bojia Capital, the corporate venturing subsidiary of Do-Fluoride Chemicals, also took part in the round, as did venture capital fund Shunwei Capital, VC firm BlueRun Ventures and private equity firms BHG Long Hills Capital and Chuangzhi Capital.

Meishubao is the owner of several online platforms that utilise technologies such as augmented and virtual reality to teach art and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.